News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Richard Florida / The Atlantic / April 23, 2013
Home ownership is a well-entrenched component of the American dream. But, that may well be changing, according to a major survey released earlier this month from the MacArthur Foundation.
For a majority of Americans today, renting is a viable path to achieving their version of the American dream, the study finds.
The report [PDF], entitled How Housing Matters: Americans’ Attitudes Transformed By The Housing Crisis & Changing Lifestyles, was carried out for the foundation by Hart Research Associates. It is based on telephone interviews with 1,433 adults conducted betweenRead More
Jennifer Ludden / NPR / April 22, 2013
It’s hard to remember that just a few decades ago it was difficult, if not impossible, for a woman alone to take out a mortgage. Federal legislation changed that.
And yet, it’s still surprising to learn how dominant single women have become in the housing market today: Their share is second only to married couples, and twice that of single men.
In Washington, D.C., Amanda Cowley lives in her dream home — a century-old rowhouse in a gentrifying part of the city. The 37-year-old and her boisterous dog, Sadie, moved in at the end of last year. The renovated first floor has tall windowsRead More
Tom Gara / The Wall Street Journal / April 22, 2013
Who’s really fueling the rebound? It’s one of the housing recovery’s questions du jour. It’s answer is important, for it may contain information on how long this uptick may last, and how far the current mojo in the market will take home builders.
So, again, who’s fueling the rebound. Door No. 1: Is it the vaunted “pent-up demand” marketplace of people who’d double-upped their way through the latter part of the last decade, now streaming at last into household formations buying houses as owner-occupiers?
Or–Door No. 2–is itRead More
Jed Kolko / Trulia / April 17, 2013
Trulia’s latest consumer survey revealed that 52% of people regret something about their current home or the process of choosing it. This season, under the pressure of tight inventory, buyers and renters have to try hard not to make the same mistakes
Spring house-hunting season is upon us. Home searches peak in March and April, and this year the search is especially frantic as inventory is near a 12-year low. Many homes don’t stay on the market for long, so buyers will have to move fast – especially in markets with bidding wars and competing investor activity. But when it comes to searchingRead More
John Caulfield / BUILDER / March 25, 2013
But their necessity could be fading as home values strengthen.
Next Sunday, Taylor Morrison’s Denver division expects to wrap up a month-long promotional campaign that has offered 50% off the regular price of the builder’s most popular floor-plan options, including kitchen upgrades, enhanced elevations, and three-car garages.
While much has been made lately about how rising prices for new homes are further proof of a recovering housing market, the facts are not as black and white as they might appear. Over the past few months, several builders have told this reporter that increasesRead More